How to Buy ALT?
LetsExchange supports ALT, enabling direct purchases on our platform alongside over 4,500 different cryptocurrencies. There's no cap on the amount of ALT you can acquire, as our upper limits are generously high. User privacy is paramount; hence, we do not gather personal or financial details, and account creation is optional. Nonetheless, registering offers numerous advantages, including access to powerful portfolio management tools and affiliate programs.
What Is ALT?
AltLayer (ALT) is a prominent cryptocurrency associated with a decentralized protocol focusing on the creation of blockchain rollups. These rollups are intended to enhance the scalability, security, interoperability, and crypto-economic fast finality of blockchain networks.
How to Buy ALT on LetsExchange: a Step-by-Step Guide
On LetsExchange, you have the flexibility to swap any of the supported 4,500 coins and tokens to ALT. Although registration is not mandatory, we suggest signing up to unlock a broader array of portfolio management tools and access affiliate programs for added benefits.
To proceed with the swap, perform the following steps.
Navigate to the exchange widget and select the cryptocurrency you wish to exchange for ALT in the You Send field. In our example, we will be swapping Bitcoin, which is a default coin. But you can sell any other coin that you have.
Enter the amount of cryptocurrency you'd like to swap. For instance, in this example, we use a predetermined amount of 0.1 BTC.
Choose the exchange rate type: market or fixed.
If you pick a fixed rate, you will receive the exact amount specified on the Check the details screen. With a fixed rate, you can use a promo code.
If you pick a market rate, the sum to receive may be different from the sum that is initially displayed in the widget. LetsExchange will select the best rate among multiple liquidity providers, and the swap will be completed at that rate.
We pick a market rate. In the You Get window, pick ALT.
Now, the picked coin will be displayed in the You Get field. The sum that you will get will be calculated automatically.
Click on the Swap button.
Now, the widget will display a window where you will be asked to enter your receiving wallet address. The swapped coins will be sent there.
You can also fill in the refund address. If the swap doesn’t go as expected, your coins will be refunded there.
Check all the data once more and hit the Proceed button.
You will be displayed a deposit wallet address, to which you need to send your coins. After you do so, the coins will be swapped, and your ALTs will be sent to the receiving wallet address you’ve provided.
After the transaction is completed, you can download the receipt with all the transaction details. Also, you can track your transaction at any stage by copy-pasting its number on the Transaction status page.
Conclusion
Altlayer (ALT) coin is an integral part of the AltLayer ecosystem, which is focused on accelerating scaling for Web3 technologies. This platform encompasses a wide range of applications and services including block explorers, bridges, storage solutions, gaming, DeFi, real-world asset tokenization, etc. The ecosystem is designed to offer solutions across various sectors, aiming to enhance the usability, security, and scalability of blockchain technologies. This is why ALT may be a very good option to consider for long-term investment.